Tax Strategies

The Internal Revenue Service’s unmet needs for information technology support are producing inefficiency and higher tax administration costs, according to a new report.

Senator Bernie Sanders says most people in America will have to pay more in taxes to pay for his Medicare-for-All plan. But he insists that’s a good deal — and will save people money overall by lowering health costs.

President Donald Trump praised New Jersey’s lawmakers for blocking Gov. Phil Murphy’s proposed millionaire’s tax, saying it would have driven “large numbers of high-end taxpayers out of the state.”

The Internal Revenue Service has released rules with the formula that determines how much Ivy League universities and other wealthy colleges will pay under a new tax.

Democratic presidential front-runners largely agree on their first tax priority: Scrap the TCJA and institute new levies to pay for social programs.

The 3.1 percent hike includes workers at the Internal Revenue Service.

The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar with the matter, in a move that would largely benefit the wealthy and may be done in a way that bypasses Congress.

The debate about the cap on federal deductions for state and local taxes has flipped the tables for lawmakers.

Taxpayers wishing to participate for any calendar 2018 capital gains must act quickly.

They’re an eclectic bunch — some of the nation’s most privileged heirs alongside entrepreneurs who have made spectacular fortunes in real estate, finance and Silicon Valley. But collectively they’re united on the need to tax more of the richest Americans’ assets.